Kevin ... it's never too late. Keep talking to the bank until the very end. Yes, it's a LONG process and in the end the odds are against. Have a plan, show them what you need to make it work and prove to them if they allow it everyone will be better off. If speak with one person, ask to speak to a supervisor. Never give up on your home if you can afford to keep it with some modifications. But make sure you can keep your end of the deal. I have been successful about 3 times in getting originals owners their homes back. We had to be creative, but we did prevail in the end.
If you'd like some advice or pointers, give me a call. More than happy to help.